National Economy Ministry plans additional capitalization of troubled loans fund

ASTANA. KAZINFORM - The Ministry of National Economy of Kazakhstan plans additional capitalization of the fund of troubled loans, head of the ministry Yerbolat Dossayev has announced at a press conference at the KazMedia Center in Astana today.

photo: QAZINFORM

"There are certain issues related to non-performing loans of the second-tier banks. The ministry is doing a lot of work in that respect. The Council of National Fund Management has already given us the green light to start the additional capitalization of the fund of troubled loans for up to 250 billion tenge this year," Y.Dossayev said.